Fossil fuel divestment could be shifting finance into ‘pollution havens’

The University of Edinburgh Business School warns that some domestic banks in countries with strict environmental policies are simply shifting their fossil fuel spending abroad

EU bank agrees €5.9bn support for renewables and green transport

The European Investment Bank is backing the development of wind farms, the rollout of smart meters and improving the energy efficiency of public buildings

Jaguar Land Rover invests in blockchain tech firm

The luxury car manufacturer intends to use blockchain to trace sustainable supply chain

Accenture invests in power and grid tech firm Reactive Technologies

The technology company will co-innovate with Accenture and its clients, working with experts to bring solutions to market ‘more quickly and more effectively’

US announces $128m for research into sustainable transport

The funding will support bioenergy as well as hydrogen and fuel cell technologies

Welsh Government unveils £30m EV charging strategy

Over the next decade, the plan identifies the need for between 30,000 and 50,000 fast chargers and 2,000 to 3,5000 rapid or ultra-rapid chargers

‘Up to £416bn of net zero investment needed by 2050 if UK is to remain a global energy leader’

That’s the forecast from the Oil and Gas Technology Centre and Offshore Renewable Energy Catapult, which suggest new investment in clean North Sea technologies could boost the UK economy by as much as £125 billion each year

UK’s investments in fusion energy boosted economy by £1.4bn over last decade

A new study has found that for every £1 invested in the UK Atomic Energy Authority’s fusion research from 2009 and 2019, £4 is generated in return

Global investors plan to double proportion of renewable investments in next five years

This rise is expected to continue to 10.8% over a ten-year timeframe as global climate action continues to ramp up on the road to reaching net zero by 2050

EU approves €280m for environment, nature and climate action projects

The funding is expected to trigger total investments of nearly €590m

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